Notice to Reader This report has been prepared by PricewaterhouseCoopers LLP (PwC) for the use of Westinghouse and its owners, Canadian-based companies – Brookfield and Cameco, with the desire to bring state of the art nuclear technology to Canada. This report provides an assessment of the economic and broader benefits of Westinghouse’s potential investments in Canada ® in association with the deployment of AP1000 technology. The analysis and observations presented in this document are based on information provided by Westinghouse, as well as primary and secondary research conducted by PwC. 1 All dollar values are in 2023 Canadian dollars, unless otherwise specified. Limitations on use of this report are found in Appendix A. ® TM TM AP1000 , AP300 Small Modular Reactor (SMR) and eVinci are trademarks of Westinghouse Electric Company LLC, its affiliates and/or its subsidiaries in the United States of America and may be registered in other countries throughout the world. All rights reserved. Unauthorized use is strictly prohibited. Other names may be trademarks of their respective owners. Several images used in the report have been provided by Westinghouse Electric Company LLC and its partners. These are used with permission from Westinghouse Electric Company LLC. 1 Exchange rate used was Bank of Canada’s average annual USD/CAD rate for January-December 2023, equaling to 1.3497. PwC | The Economic Impact of a Westinghouse AP1000 Reactor Project in Canada 2
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